The Business Times, 10 December 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, DECEMBER 1«, 1985 75 CENTS
    12 words
  • 807 1  -  Many lessons to be learnt from the affair letter to the Editor Wised-up Employees BT cannot recall using a letter on Page One before but we are proud to break new ground with the following which was received from certain senior employees of Pan-Electric Industries. The
    807 words
  • 137 1 AFP, Reuter THE MARKET in refined oil products was "very, very weak" in early European trading yesterday in reaction to developments at an Opec conference in Geneva. European traders said gas oil was quoted at US$245 a ton, down $9 compared with Friday's rates. North
    AFP,; Reuter  -  137 words
  • 104 1 Reuter INDONESIA plans to re-regis-ter all 590,000 foreign residents to find out why they want to live in Jakarta, the official Antara news agency said yesterday. The agency quoted the director general of immigration, Mr Sugino Sumoprawiro, as saying that the registration exercise would be carried
    Reuter  -  104 words
  • 401 1  -  By ELAINE KOH STEPS HAVE been taken by Smit Tak International to protect its earnings for work carried out jointly with Selco Salvage Ltd. Smit Tak, a Dutch ocean salvage company, is trying to retrieve its share of profits from one operation carried out
    401 words
  • 420 1  -  By AMY CHEOK BARGAIN HUNTERS came out in force yesterday, pushing most share prices higher on the Singapore stock market. The widely-watched Straits Times Industrial Index shot up 18.27 points to 649.49 while the all-sector Business Times Composite Index rose 15.64 points to 568.18. The
    420 words
  • 345 1 Bernama AN APPEALS COURT in Manila has rejected the plea of Italian airline Alitalia that its liability for the loss of a passenger baggage is limited to US$4OO. In its ruling, the court awarded 323,000 pesos or about U5517,500 in damages to Dr Alexander Villarosa,
    Bernama  -  345 words
  • 124 1 UPI PRINCE PHILIP, president of the World Wildlife Fund, has called on Singapore and North and South Korea to stop their trade in rhinoceros horn. The husband of Queen Elizabeth n said in letters to the premiers of the three countries
    UPI  -  124 words
  • 325 1  -  By LIM SOON NEO SINGAPORE AIRLINES has awarded a US$99.l-million leasing deal to Irving Leasing Corporation to finance the delivery of a Boeing 747 Big Top (Stretched Upper Deck). This is the second time the US corporation, the leasing arm of Irving Trust Company of
    325 words
  • Page 1 Advertisements
    • 143 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Opec striving for market share, page 4 F3P Thf edit'c.ss*vi,ii r.i'WM The world s finest photographic system Nikon F3P Tht' '."iiffV tfMH'O Nikon F3T Th*> Tit.wum 3r>mm Si 9 Nikon F3HP Tht' H>Qh (ictnvi F3 Nikon F3 Tti>> .ime'.l cho<cr tiy NA S A
      143 words
    • 272 1 Another letter on Pan-El, Page 10 Prominent KL tycoons in Koon Swan's bail-out plan; More meetings with MAS; Minority shareholders rallying for support, Page 17 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS LETTER OUR VIEW THE ASEAN COUNTRIES ore now facinq an excess refining capacity amounting to a massive 500,000
      272 words
    • 145 1 More reports, Pago 15 Asian stocks, Pago 13 "Book me KLM via the worlds best airport Amsterdam Schiphol." 44 fi*\ f 4 > Bfo L K m St lIIPI IOL WIN A \N-TI lL WAi Between October 27, 1985 and March 22, 1986, all KLM passengers flying Royal or Business
      145 words
    • 6 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
      6 words

  • HOME NEWS
    • 515 2  -  Defeated in war with music pirates By JAIME LYE THREE YEARS of fighting music piracy have failed for a local record company. Ideas Music Pte Ltd was defeated, not by music pirates, but by its principal which took away all its rights to distribute records
      515 words
    • 136 2 A JAPANESE landscape architect's holiday in Scotland will help to raise funds this week for the Community Chest of Singapore. "Scottish Winter Landscape in the eyes of a landscape architect", an exhibition of more than 40 photographs taken by Mr Jun-Ichi Inada, opens this
      136 words
    • 358 2  -  By LIM SOON NEO A JAPANESE foreman miner, Mr Tomio Aso, 47, died in hospital yesterday afternoon after falling 6.5 metres from a working platform in a shaft at the City Hall Mass Rapid Transit worksite on Sunday. Mr Aso was
      358 words
    • 331 2 PALM OIL could soon become the base for butter and milk for infants as well as replacing petrochemicals for non-food products such as detergents, coatings, engineering thermal plastics and lubricants. At the moment, this is being researched at Palm Oil Research Institute of Malaysia
      331 words
    • 74 2 AN EXHIBITION of laboratory and analytical equipment will be introduced in two years' time. AnaLabAsiaB7 will be launched by Singapore Exhibition Services as part of a three-in-one event for the chemical, process engineering and related industries. It will be held together with ChemAsiaB7 and InstrumentAsiaB7 at the World
      74 words
    • 306 2 THREE MORE MINISTRIES had been called in by the government to help implement total defence in Singapore, Brigadier-General (Res) Lee Hsien Loong disclosed yesterday. These are the ministries of Trade and Industry for economic defence, Community Development for social defence and Communications and
      306 words
    • 160 2 ALEXANDER STUART has been named chairman and general manager of British-Ameri-can Tobacco Company (Singapore) Ltd. Mr Stuart takes over from Michael Bolsover who has taken up the post of managing director of the company's office in Kenya. Mr Stuart joined BritishAmerican Tobacco in 1974 from Cadbury Schweppes
      160 words
    • 333 3  -  By YAP BOH HOON STOCK MARKETS may be rocking, but Thomas Ang believes the good times are about to start rolling for him and his skating rinks. Mr Ang who already runs three skating rinks one at Sentosa and two in Johore Bahru is
      333 words
    • 299 3 A SUBSIDIARY of Straits Steamship will manage the Singapore Labour Foundation Complex in Thomson Road. Straits Properties Ltd (SPL) was awarded the management contract by Singapore Labour Foundation (SLF) Properties Pte Ltd, the developer. The three-year contract to manage the complex was signed in August.
      299 words
    • 170 3 ROOMS may be empty. Takings might be down. But the staff of the Century Park Sheraton hotel can look forward to a bumper annual party this year. The hotel's management is spending a record $40,000 to give its staff an extra special night in
      170 words
    • 95 3 AIR CANADA, the only airline to fly direct from Singapore to Canada via the Atlantic, is finalising plans to add a fourth flight in April next year. The decision comes less than a year after its inaugural flight in January on the Singapore-Bombay-Lon-don-Toronto route. Mr Bernard
      95 words
    • 397 3  -  Sisir drafting more stringent requirements By JEFFREY TSANG THE USE OF CONCRETE in construction would be regulated by law next year to ensure high standards. This would come after the Singapore Institute of Standards and Industrial Research introduces standards for concrete. Sisir
      397 words
    • 151 3 A SEMINAR on water purification has attracted 200 people from different industries, including the medical and food and beverage sectors. Seminar organiser ElgaKBS, a Singapore company which deals in water purifica- tion equipment, had targeted for less than 100 participants. But 200 people registered
      151 words
  • Page 2 Advertisements
    • 479 2 f 'is me season tobejolhj.... m CHRISTMAS NEW YEAR IS NOT COMPLETE WITHOUT PRESENTS, SANTA CLAUS. NOVELTIES AND MERRY-MAKING. AT THE ROYAL HOLIDAY INN. WE HAVE THEM ALI NOVEMBER 15 -DECEMBER 31 9* 111 S hee>s withourdelightfulChristmas ■i ntdil ser/ed in a unigue FROSTY or MISTY-'lag which is yours to
      479 words
    • 60 2 WORLDW/DE COUR/ER Changing the way the world does business. BALLY of Switzerland meets the challerye. of today A member of the MBM Group The Best of BALLY Is To Be Found At MELWANI boutiques homines #02-74/75, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 #07-26/27, Specialists' Centre Tel: *****54
      60 words

  • Page 3 Advertisements
    • 54 3 Credit Suisse AP-Dow Jones/Telerate Deloitte Haskins Sells The Nippon Credit Bank, Ltd I -Xl CV.VW 1 Bank of Scotland pic 6 Battery Road Standard ft Chartered Standard Chartered Bank 6 Battery Road Singapore 0104 Telex RS ***** 225*8888 Sole Letting Agents Jones Lang Wootton 65 Chulia Street 39-05/08 OCBC Centre
      54 words
    • 257 3 Have you ever tried YOUR CHILD'S EDUCATION ON A PAIR i i -f r OF SOCKS? AND ANY ATTEMPT TO BALANCE TOUR HOUSEHOLD FINANCES WITH A NECKTIE WILL HAVE YOU IN KNOTS. CHOCOLATES DO NOT PROVIDE ENDLESS FAMILY ENTERTAINMENT. AND ANOTHER WHITE SHIRT WILL NOT HELP DAD ROLL UP HIS
      257 words

  • OVERSEAS
    • 511 4 NYT IN SPITE OF a higher valued yen and new market-opening moves by Japan, the trade deficit between the US and Japan is expected by many analysts to continue rising, sharpening frictions between the two countries. Although trade relations had improved since open
      NYT  -  511 words
    • 277 4 Reuter SOUTH AFRICA yesterday dropped high treason charges against 12 leading opponents of its apartheid policy but said it was going ahead with the case against four others in a trial which has provoked international criticism. The surprise move, after months of legal arguments, was announced by
      Reuter  -  277 words
    • 190 4 Reuter IRISH PRIME MINISTER Garret Fitzgerald pledged his government's full cooperation in the fight against Northern Ireland republican guerillas seeking to end British rule in the province. Fitzgerald said on Sunday his government would "pursue relentlessly, in cooperation with the security forces
      Reuter  -  190 words
    • 144 4 Reuter THE BRITISH government is considering relaxing extradition laws to make it easier for foreign countries to secure the return of suspected criminals, Home Secretary Douglas Hurd said. "Crime is becoming more and more international, more and more across frontiers, and this is particularly true
      Reuter  -  144 words
    • 181 4 AP EGYPTIAN President Hosni Mubarak said the Palestine Liberation Organisation should play a major role in the Middle East peace process and that the US ought to accept that. "Trying to solve the problem and at the same time trying to ignore the PLO
      AP  -  181 words
    • 284 4 UPI WEST GERMANY will not sign a formal Star Wars research agreement with the United States but will lay the groundwork next year for German companies to receive contracts, a government official in Bonn said on Sunday. Volker Ruhe, the deputy
      UPI  -  284 words
    • 579 4 AP OPEC IS ON THE VERGE of abandoning its fight to keep oil prices high and will settle instead for a steady share of the market. According to cartel representatives, such a change could hasten a drop in oil prices that
      AP  -  579 words
    • 289 5 Bernama INDONESIAN Foreign Minister Professor Mochtar Kusumaatmadja said that a "cocktail party" to solve the Kampuchean problem was not very practical at this stage. But he reiterated Asean's formal position that the Kampuchean problem had to be settled by the Kampucheans themselves. Professor Mochtar
      Bernama  -  289 words
    • 255 5 UPI PRESIDENT CHAIM HERZOG of Israel has pardoned two members of a Jewish terrorist gang convicted of conspiring to attack a Muslim shrine in East Jerusalem. Yoeef Tsuriya and Dan Beeri were freed from prison on Friday after serving 20 months of their three-year jail terms,
      UPI  -  255 words
    • 123 5 AP JAPAN WILL continue to limit exports of video tape recorders (VTR) to the European Community when a three-year voluntary restraint agreement expires at the end of the month. The decision was to avoid straining EC-Japan economic relations, the Yomiuri Shim bun daily reported
      AP  -  123 words
    • 826 5 ARRIVALS Operator Service Local From number time PAA PA2I/5 0155 LAX/TYO/HKG CAL CI341 0255 TPE CAL CI337 0255 TPE UTA UT3505 0355 NOU sv SV389 0445 JED/RUH MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN
      826 words
    • 469 5 Laurel confident of opposition victory AFP PHILIPPINE opposition leader Salvador Laurel yesterday invited Corazon Aquino to run as vice-president on his ticket, one day after he said he would run (or president against her following the collapse of unity talks. But he said he
      AFP  -  469 words
    • 75 5 Reuter PHILIPPINE presidential candidate Corazon Aquino was quoted on Sunday as saying she would be satisfied to have President Marcos leave the Philippines rather than stand trial in the murder of her husband. Mrs Aquino said she held Mr Marcos responsible for the death of
      Reuter  -  75 words
  • Page 4 Advertisements
    • 355 4 Cut and save. f t f ■< i IK O tJ tf* n > i <•» 11 wl®T ~vr The HP 41CV is a compact and advanced programmable calculator. With 128 built-in functions and 2,233 bytes of main memory the HP-41CV is powerful enough for many mathematical, engineering and financial
      355 words

  • Page 5 Advertisements
    • 7 5 fl PanAm's New Clipper Class DailylbLos Angeles.
      7 words
    • 132 5 "La difference" jff Today, Audemars Piguet stands alone as the most exclusive watch all over the world. Since 1875, one word alone describes the spirit and dedication that has inspired this achievement. "La Difference." Successful and influential you also stand alone in search of the same deliberate exclusivity that sets
      132 words
  • Page 5 Miscellaneous
    • 78 5 BY GARRY TRUDEAU so you UKEtT THERE, UKB IT* MOM. MYMUUFB tvemmpio U\€ IN MANHATTAN! OF COURSE IUKE IT! r /S r UM mL.rrsA&AL FUNKY MIX. ITS UpjAjt GOT BOTH NEW yOUR PEOPLE ANP Bulmm pecplemho ire? REFUSETOVATHE GUY ACROSS THE HAiXS A PRU5 DEALER. -•y, I STEER CLEAR, BUT
      78 words

  • WORLD BACKGROUND
    • 964 6 Painful adjustments needed in a changed environment NYT IN LONDON, an eerie silence hangs over the tin trading ring at the metal exchange: trading has been halted because there are simply not enough buyers for the vast quantities of tin that producers in
      NYT  -  964 words
    • 1101 6 NYT NOWHERE is the problem of excess production more serious than in the Third World. As the glut forces down prices, those debt-strapped nations continue to pump out their products anyway, hoping to raise the same income with more output. South Korea and
      NYT  -  1,101 words
  • Page 6 Advertisements
    • 373 6 As you know, there are many Ice Open Plan Systems available. off ke Open Plan Syst The question Is which one to choose. iii P Hi 4t u jH? K^PI This is where we come in. We make it easier for you bv considering all the facts you cannot afford
      373 words

  • Page 7 Advertisements
    • 356 7 Pi -> in eL 39r.?'.'* •>.*' -r^/-I ap~' RftH Sitec -> > SV";? 'yw 3ts I t A j* &Y %mk t:-■■•*: ni^ti i aay(t fc- a y Si'ft *"T «v :•_> '-*<~: r -,'r\ r a--2"*is viV 4'. '"?V f* "< 3rv j§ ■v wFmz£xs t'^Ss .vasiiL, m :-jg
      356 words

  • BANKING AND FINANCE
    • 556 8  -  A dealer cannot afford to get smug Sang Kancil is BT's financial futures trader. Each Tuesday, DAVID GABRIEL traces Sang Kancil's tactics and strategies on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL READ
      556 words
    • 624 8 SINGAPORE THE US dollar yesterday closed firmer against most currencies mainly due to covering of short positions in quiet trading. It closed firmer at 2.5350/60 marks compared with last Friday's 2.5265/80 New York close and at 2.1155/65 Swiss francs against 2.1060/75. It closed slightly higher at 203.50/60 yen
      624 words
    • Article, Illustration
      264 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in thin trading with operators largely sidelined in the absence of fresh factors. Short dates eased at the outset. Overnight, Tuesday/Wednesday and weekfixed closed at a common B>/« 8 per cent. INDICATES tho ol the prim* iMltfM major
      264 words
    • 234 8 Interbank rates at 3pm yesterday: Cwiwcln rtoniliiaf rotas U OAor ct aaa^aX Local dollor» to om unrt of foroign am—cy: •w US dolor 2.1190 2 1200 ***** •24JS Sterfcng pound 3 1117 3 1153 7 3469 •57.64 Australian dolor 1 4324 1 4352 ***** -58.22 NZ dolor 1
      234 words
    • 380 8 BA Futures EURODOLLAR futures yesterday gapped up at the opening In Simex due to news of an agreement by the US House and Senate on the US balanced budget plan. After opening at 91.86, the March contract was quietly traded between 91.86 and 91.88 for the greater part of
      BA Futures  -  380 words
    • 224 8 HONGKONG: GOLD yesterday closed weaker in moderate trading reflecting market concern over prospects for oil prices to drop. It ended at U*****.35/65 an ounce compared with the 322.60/323.00 close here on Saturday and the 322.30/80 finish in New York on Friday. On the local market, gold fell HK$23 to
      224 words
    • 108 8 THE OVERNIGHT rate on the Singapore interbank money market rose by point from Friday to close at 4 5 per cent yesterday. The term rates fell by 1/16 point across-the-board. S$ Interbank rates at 3pm yesterday: Overntght 4 5/8 4 1/2 1-month 5 5/16 5 3/16 2-morrtti 5
      108 words
  • Page 8 Advertisements
    • 222 8 M s iiJ, v **> v iPP? ;-f, -f' f V' 5 < *£S%< *> 4 <V -5. '"•i'S* f' V I £mm %m <&* -> £-> i -Ml s hmh KrswISKW I wpJ| RMISKS I" H MP }fw vSiP»: < £W If you've always thought of a flight as
      222 words

  • Page 9 Advertisements
    • 511 9 Action Station. •utiftnm 111 !*ffl •If 9 mnwmim tmiifimim ffiimwum tlfl|Mff|Wln T Hfiff«9iri|ii! IfflfftftfVfM ff WflllHM ppff* mf*mniM immmi iwHwmm fmwtmmi I"»ImI*HIIII ffvttifvnniii ifftn i rr aait I <1 i I mi'i<«i iuh'IIWII wmmwni mummm •nffffffw tfii'itiii* ff9»ti«fti«f9i i»»i»iwitir ntiff•••••!it ff»iiiitrmti fffffttfttfiit wjwr'f i iitiftniiir' fft'fttlMM* fI B I H
      511 words

  • FEATURES
    • 428 10 CONFLICT AND COOPERATION were themes that ran through last week's Asean Council on Petroleum conference. The Malaysian Prime Minister Dr Mahathir Mohammad touched on the conflicting interests of Asean countries in his opening address when he noted, quite accurately, that soaring oil prices in the 1970s
      428 words
    • 783 10  -  By MARK O'NEILL Reuter AN INVASION of foreign businessmen and tourists has left Beijing so desperately short of accommodation that hundreds of businessmen have to work out of cramped hotel rooms and leave their families at home. The manager of the 1,000-room Great
      Reuter  -  783 words
    • 469 10 Letter to the Editor Dear Sir, BT has been kind enough to publish my two letters regarding the current financial turmoil, which were written in the interests of the majority of investors in Singapore. I am now astonished at the makeup of
      469 words
  • Page 10 Advertisements
    • 343 10 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Welcaae to a v r«ient ACCOUNT INFORMATlONION AMD t f? a m E F? II A F-- F F T X MF O F > r*l A T lON Corporate E;ec tromc Ba r .i f n
      343 words
  • Page 10 Miscellaneous
    • 49 10 I Bristol ftaalcliicfcei^ TVIfS moNTH S TOP SRUESmPtN IS roe envies, uMO HPS BpOKeN P>U. ppevo*JS sp*£S «ecc*zds. for fnis He Receives P\ cr\SH Bonus PiND R HOUDPvV 'be "fioo «N THE. J E>RHP»mPi« i —v/ -—s nffiAujc.'. ST, PJSS a mRTR VARrO itvT V t r -f W
      49 words

  • SPORTS
    • 175 11 Reuter THAILAND won all six shooting finals on the second day of the South-east Asia (SEA) Games yesterday, putting it at the top of the medal table with seven golds. The silver and bronze medals were shared by Malaysia, Indonesia and the Philippines. The swimming
      Reuter  -  175 words
    • 207 11 Reuter WORLD SQUASH champion Jahangir Khan celebrated his 22nd birthday on Sunday by beating 13th seed Kfelvin Smith of Australia in the opening round of the Al-Falaj World Grand Prix tournament in Muscat. But the Pakistani champion showed signs of fatigue and made a
      Reuter  -  207 words
    • 109 11 Reuter LESTER PIGGOTT finished second on all his three rides at a minor race meeting on his farewell West German appearance on Sunday. But, instead of the usually sparse crowd, about 10,000 people turned out to watch the 11times British champion jockey who has three
      Reuter  -  109 words
    • 314 11 AP NINETEEN-YEAR-OLD Swede Stefan Ed berg yesterday captured his first Grand Slam title by winning the US$l.5 million Australian tennis open, plagued by rain since the start. Ed berg beat his 21-year-old compatriot and defending champion Mats Wilander 6-4, 6-3, 6-3 in straight
      AP  -  314 words
    • 537 11  -  By BRIAN MILLER SINGAPORE'S QUEST for bowling golds begins today on the lacquered lanes of Bangkok's Star Bowl. But, unlike 1983, the mood in the Singapore camp today is hardly exuberant. Two years ago, as the host, Singapore proved all-conquer-ing. Striking up a good rhythm, the
      537 words
    • 462 11  -  By WALTON MORAIS THE SINGAPORE Professional Golfers' Association championship, threatened with mediocrity owing to sponsorship problems, has managed to attract Malaysia's top two golfers and Burma's three travelling professionals. Defending champion M Ramayah, the winner of two tournaments on the Malaysian circuit this season, and Nazamuddin
      462 words
    • 252 11 AP WEST GERMANY'S Bernhard Langer underlined his claim to Player of the Year honours on Sunday with a two-stroke victory in the Sun City US$l million golf challenge. Langer, who won five tournaments this year, including the US Masters, finished with a one-under-par 71
      AP  -  252 words
    • 66 11 AFP SPANIARD Seve Ballesteros, whose appearances in the US next year have been curtailed by a new ruling, hit out at "unfair and anti-so-cial" US tour organisers. "They are making a special rule just for me," Ballesteros said in Sun City, South Africa on Sunday. He was
      AFP  -  66 words
    • 64 11 TWENTY-SIX handicapper PK Yap sank an ace on the fifth hole of the Island course on Saturday while playing a social round with three others. Mr Yap used a seven-iron to send the pimpled ball across the 134-metre par-three hole and into the cup,
      64 words
  • Page 11 Advertisements
    • 91 11 It's the winning combination]!! £§2 Ball, Bag and Shoe a superb combination to enhance your bowling enjoyment. All at a very competitive price. Columbia White Dot (including Professional Drilling). Convenient design with an inner shelf for the ball and lower compartment for shoes. Shoe An imported pair of leather shoes.
      91 words
  • Page 11 Miscellaneous
    • 1090 11 Jaclyn Smith plays Florence Nightingale TUESDAY PREMIERE Florence Nightingale 10.30 pm, Channel 5 Former Charlie's Angel Jaclyn Smith plays a real angel of mercy, that is, in this drama about the woman most nurses should aspire to be but rarely make it. The story focuses on Florence Nightingale's early call
      1,090 words
    • 754 11 fflERE IS A USEFUL TH/NG TO REMEMBER Y04EA! VOUR BALL IS LYING ON WET SANP IN A Bunker. WHEN THE SANP IS WET YOU TAKE WORE SANP THAN YOUPO f=OR A normal Bunker snot. YOU PO NOT CHANGE THE WAY YOU S7ANP TO THE BAU. OR THE WAY YOU play
      754 words

  • INTERNATIONAL COMPANY NEWS
    • 1146 12 FT FOR AS LONG as most people can recall, the Flick family has been good for a surprise. Friedrich Karl Flick, an iron-willed founder of the industrial group which bears his name, set the pattern. For example, there was that memorable day in 1955 when
      FT  -  1,146 words
    • 238 12 UPI ENTREPRENEUR Rodger Gamblin says he has developed an ink for the newspaper industry that will not come off the paper. His permanent, smudgeproof product will be made at a plant in Newark, Ohio. The plant, designed to produce 114,000 litres of ink
      UPI  -  238 words
    • 465 12 AFP AN OWNERSHIP CHANGE for Britain's powerful right-wing Daily Telegraph, rumoured for several months, appears increasingly possible in view of renewed speculation that it will take a new injection of capital. Its problems, with a halfyear loss up to the end of September expected
      AFP  -  465 words
    • 337 12 NYT CARL C ICAHN and his financial advisers made an intense effort during the weekend to put together from US$BOO million to H billion in financing to enable the New York-based investor to buy out the remaining shareholders of
      NYT  -  337 words
  • Page 12 Advertisements
    • 597 12 3W <52! W m T, m aw TZ S I s& .*><-•* C s Ss iF.S> Wsv* l f--5 r 0 r--0 oe Spring Palace Chinese Restaurant Superb Cantonese cuisine from our Hong Kong chefs to please the most discriminating gourmet. Special business lunch at $16 each and $20++ each
      597 words
    • 226 12 W« atl^ngChfer^ljGu Teochew Restaurant Come to the best Teochew restaurant in yßv town for a really special Buffet Luncheon. Choose from 60 scrumptious dishes for just $18 per person (minimum of 2 persons at a table). JPftK for 2 persons 3 dishes with rice/ porridge and dessert For 3 persons
      226 words

  • ASIAN STOCKS
    • 462 13 HONGKONG: Share prices closed little changed yesterday after rising moderately in early trading. The Hang Seng Index ended 2.38 points higher at 1,724.27 after gaining more than 12 by midmorning. Total turnover fell to $256.48 million from $325.67 million last Friday. Brokers said many investors took profits following Hongkong
      462 words
    • 234 13 DCC 09 NT J 206 0 09 Lien Hwo Indus Nan Yo Plos 1340 29 40 15 50 0 55 08 22 50 0.3 Pocific Elect 28 70 1 Wire 13 35 0 1 Chang Hwa Bonk Chan Loong Ch«o Hsin Cement Qvna Chem Chaw Dev Chno Elect Wire
      234 words
    • 388 13 TOKYO: Share prices edged higher in light trading as a wait-and-see attitude pervaded the market in the absence of fresh news. The market average gained 7.33 to close at 12,796.23 after losing 2.63 last Saturday. Turnover was a mere 190 million shares against 160 million during Saturday's half-day trade.
      388 words
    • 74 13 DEC 09 Acop Mmmfl Pom 0001 i unch MorstMl Oriental B 0013 -0 001 imJi Anglo Phd 0 001 unch Ap«x Mimrvo B 0 0095 unch Artoi Coo. B 10 unch Podco B Boguto Gold ...0 001 ***** unch ■*■***** San NUgud B 0005 -t-0 0002 B«ngu«t Con B
      74 words
    • 319 13 SYDNEY: Australian stocks closed firmer on local and international support generated by an easier Australian dollar and a firmer world copper price. Brokers said an afternoon rally in resource and metal stocks pushed the market up. By the close of trading, the All Ordinaries Index was 1.3 points up
      319 words
    • 77 13 DEC 09 Bonk Seoul Wo« 743 -2 Hyundoi Const Hyundai Motor.... KAL 922 1651 560 4 13 19 700 -5 Korea Fnt 754 unch Commercial Bk 752 584 -8 +8 Yukong 1650 408 20 •> 568 -2 Lucky Ltd 765 -n Daewoo Ind 1150 575 •10 +10 Samsung Co
      77 words
    • 126 13 BANGKOK: Share prices closed lower with the Stock Exchange of Thailand Index down 1.28 points to 136.68. Turnover amounted to 475,135 shares worth 82.4 million baht. DCC 09 Mm Siom Gtaan S«am City 58 460 unch -10 Am Hit* Ayuthoyo hw And Tru»» Bangkok Agro-tad 143 2450 •1 unch
      126 words
    • 59 13 UPI MITSUBISHI ELECTRIC CORP suffered profit declines on increased sales for the first half of fiscal 1965 ended last Sep 30. The company said yesterday that sales of Mitsubishi and 28 subsidiaries totalled U555,387 billion, up 5 per cent over the same period last year, but ordinary
      UPI  -  59 words
    • 409 13 SHANGRI-LA HOTEL (Hongkong) is planning a public flotation in March, which will raise about HKfIOO million. If everything goes smoothly, it will be the first company to get a listing on the unified stock exchange after it opens early next year, according to the South
      409 words
    • 101 13 Reuter THE INITIAL PHASE of the Roxby Downs gold-ura-nium-copper project in South Australia will proceed after Joint venture participant BP Australia announced its commitment to the project, Western Mining Corp Holdings (WMC) said. WMC holds 51 per cent of the project while BP, a
      Reuter  -  101 words
    • 111 13 Reuter ACT INTERNATIONAL Ltd's subsidiary, ACT Australia Ltd, will offer A 55.50 a share for all the issued capital of Adelaide-based forestry and timber company, Softwood Holdings Ltd. The offer values Softwood's 29.86 million Issued shares at $164.23 million and compares with the market
      Reuter  -  111 words
  • Page 13 Advertisements
    • 665 13 Tbda/s Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional Curry Tiffin on Sundays SB Raffles Hold Oi*
      665 words
    • 86 13 4 m Hong Kong Dun Xin available during lunch! if M r What s SO SPECIAL at the New Orleans Restaurant from December 2 December 24? »v V: JNCHEj» Round up your office colleagues and get together for a Pre Christmas luncheon Only 535 per person for a splendid 4-course
      86 words

  • RAW MATERIALS
    • 442 14 Reuter COMPLEX TRADING by the International Tin Council (ITC) buffer stock allowed it to control a much larger amount of tin than was evident from its physical holdings, a report on the ITC's trading position carried out by accountants Peat, Marwide and
      Reuter  -  442 words
    • 218 14 AFP THE IVORY COAST'S cocoa crop for 1985-86 will probably be at least 50,000 tonnes down on the previous year, the country's Farm Produce Stabilisation and Support Fund has announced. The fund said in a communique last week that its forecast was based
      AFP  -  218 words
    • 364 14 Reuter PRECIOUS METAL prices are likely to stay stable in the near term, although movements in either direction are possible, according to Degussa AG in its November metals report. Trading is expected to remain nervous as it becomes increasingly harder to forecast
      Reuter  -  364 words
    • 134 14 Bernama THE PHILIPPINE Coconut Authority (PCA) yesterday ■aid the country's exports of coconut products reached 102,131 tonnes In November valued at U5536.96 million. Compared with October, increases in both volume and value were registered for copra cake and meal, coconut shell charcoal and non-traditional products. Copra
      Bernama  -  134 words
    • 471 14 FT CHINA'S grain production has fallen significantly this year, despite confident government predictions that crop size would be unaffected by adverse weather and changes in agricultural policies, and would be the second largest on record. The government has revised its projections and expects output to
      FT  -  471 words
    • 729 14 COFFEE ROBUSTA COFFEE futures yesterday continued firm to midday, but drifted slightly back off early highs on light profit-taking to post gains from Friday's close of £40 to £36 a tonne. Sentiment remained essentially bullish, following a Reuter report from Sao Paulo on Friday quoting Brazilian traders as
      729 words
    • 299 14 RAS prices m S CMrtt/k|, FOB in b «IM NOON CLOSE Int 1 RSS Prompt Miyvn 149 00 150.00N 149.75 150 75N Int 1 RSS Jon 86 ISO SO 150 75 151 00 151.50 bit 1 RSS Fnto 86 152 25 152 75 153 00 153.50 Int
      299 words
    • 89 14 (centi/kg, l-to«i polUti) FEB 86 (currant month) (forword month) NOON NOON RAS SSR 20 148 50 150 SON 149 00 I51.00N SSR 50 146 50 148 SON 147 00 149 00N MRELB f -M JiMfl Ivyift ScNtre SMR CV 207 00 209 00N 208.00 210.00N SMR L
      89 words
    • 151 14 Chinos* Produce FOB NSW 550 00 Exchange (Sellers' noon doting p Doc 9 (SS/100 kg) Nutmeg nets on 110 FOB NSW E&W FOB NSW 496 00 438 00 Coconut oil Bufc FOB Otd drum FOB 6500 7800 Gambier FOB NSW 330.00 New drum FOB 82 00 Copra Mixed
      151 words
    • 31 14 The Kuala Lumpur Tin Market remains closed lollowiwg the euepeneion of tin trading on the London Motel Exchenge KL TIN CtoMtf priest on D#t 9 (M$/k«) Price Suspended Turnover (tonnes) Suspended
      31 words
    • 197 14 SINGAPORE THE MARKET yesterday closed lower with January One RSS buyers quoted at 151.00 cents per kilo, down 1.25 cents from last Friday. MALAYSIA China's purchases of 1,000 tonnes of rubber failed to boost sentiment and Dec Int One RSS buyers closed at 175.00 cents per kilo, down one
      197 words
    • 169 14 Sinoioort Java Brans <(SS/Ue. ei-eedewn) Whit* special 0.21 0.29 1 Fragront new crop 1st 0.74 quahty China maize 2nd 0.56 Thoi Maize 030 3rd 0.56 New Crop 25% no stock Bangkok 10% no stock (US$/toMM, FOt) Thoi Broken White Rice A-super no stock 100% 1st doss unq Special 0.46
      169 words
    • 164 14 MALAYSIAN crude palm oil (CPO) prices yesterday closed firmer, extending last week's rises, on strong covering activity by refiners due to export commitments. Dealers also noted further speculative buying interest in anticipation of a gradual decline in CPO output during the coming months in view of the current
      164 words
  • Page 14 Advertisements
    • 358 14 NOTICES NEW YOUNG FASHION PTE LTD (incorporated in me Republic of Singapore) On Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Compares Act Cap. 185 the Final Meeting of members of the Company will be held on Monday 13th January. 1986
      358 words
    • 315 14 IN THE MATTER OP THE COMPANIES ACT, CAP. 185 MATAL REFRIGERATION INDUSTRIES (S.E.A.) LTD* (la V*lutary Liquidation) At an Extraordinary General Meeting of the members Of MATAL REFRIGERATION INDUSTRIES (S.E.A.) PTE. LTD. duly convened and held at 6001, Beach Road, #14-01, Golden Mile Tower, Singapore 0719 on the 5 day
      315 words
    • 267 14 NOTICES *1 Ut'i IM I Ill'l. NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 185 of the Revised Edition that the FINAL GENERAL MEETING Of Members of the abovenamed Company will be held on Monday, January 13, 1966 at 10.00 am., at The Conference Room,
      267 words

  • SHARE INFORMATION
    • 4256 15 SHARE PRICES continued to advance strongly on the Singapore stock market yesterday as buyers were attracted by the low prices resulting from last Thursday's historic crash. At the final bell, the BT Composite Index rose 15.64 points to 568.18 while the Straits Times
      4,256 words
    • 256 15 SINGAPORE Rites l«tv Lartaa t 530 Prima 470 TOM 228 0 C 8 C 795 N S T 630 DwH Da* 600 D 8 S 530 H L<«t f 245 SmI tot 80 UUMt|SOc 139 Dwta Cam 100 Omm Hap 168 Falls M B.aa»ia» 530 OnaMal HUa>
      256 words
    • 3634 15 BID tad offer prices Uttcd sad bustntss la and reported to the Exchange of Singepore yesterday with the number at shares tradsd shown la brackets la lots at 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT". Bit Board
      3,634 words
    • 52 15 MR LIME CHENG SENG has been appointed the group company secretary of IiMvot BM with immediate effect in place of Maylene Chew who had resigned. Miss Carol Chan Choy Lin has been appointed the assistant company aecretary. BENONG BHD has purchased 70 per cent of Dataware Sdn Bhd
      52 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 303 16  -  By RAMESH CHANDIRAMANI THE HONGKONG and Shanghai Hotels group (HSH) has given up its rights to operate and manage Hotel Marco Polo in Singapore seven years ahead of expiry. It was revealed yesterday that the hotel's major shareholder, Hongkong Kowloon Wharf it Godown
      303 words
    • 234 16 Monogers' prices for Dec 10 Singapore Unit Trust The Commerce 1.17 1.24 The Sovmgs Fund 0 93 0 98 S'pore Prog Fund 0.48 0.51 S'pore Sec Fund 0 74 0.78 S'pore Invest Fund 0.64 0 68 S'pore Equity Fund 0.51 0.54* Asia Unit Trust Mol Invest Fund 1
      234 words
    • 92 16 HONGKONG Friday '454.4 Week ago 1462.3 Hang Seng Index Monday 1724.27 Friday *****9 NEW YORK Week ago 1694.57 Dow Jones Fridoy TOKYO Thursday Week ago 1472.13 Nikkei Average Monday 12/98.23 Friday *****.53 Standard Poors Week ago *****.92 Friday 202.99 Thursday 203.88 TSE Index Week ago 202.17 Monday 1010.83
      92 words
    • 159 16 Reuter EXCO INTERNATIONAL PLC has posted to shareholders the document containing details of the proposed exchange of its holdings in Gartmore Investment Management Ltd (GIML) and Fisdec BV for British and Commonwealth Shipping Co PLC's holding in London Forfaiting Ltd. It said the exchange
      Reuter  -  159 words
    • 509 16 SHARE PRICES closed on a steadier note on the Kuala Lumpur stock market yesterday as fresh buying interest right from the opening bell helped most counters to put on moderate gains. However, intermittent profit-taking reduced the margin of gains and almost all issues finished
      509 words
    • 2756 16 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. industrials A Choc 2.785) AISB (0 80S) (21) 0 79
      2,756 words
    • 337 16 KESANG HOLDINGS Berhad: 24th AGM at the Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur today at 10 am. KESANG HOLDINGS Berhad: EGM at the Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur today at 10.45 am. HONG LEONG CREDIT
      337 words
    • 361 16 THE KUALA LUMPUR Stock Exchange (KLSE) annual general meeting to be held this Sunday will see a four-cornered fight for the two committee seats up for election. The two committee members whose terms are expiring and who are offering themselves for
      361 words
    • 156 16 PEAK HUA Holdings Bhd has agreed to sell 30 per cent of Peak Hua Industries (formerly Lien Hoe Industries) to a Johore-based businessman The company said yesterday it had entered into a conditional agreement to sell the 3.1 million shares in PHI to
      156 words
    • 869 16 Currant Ei data looks dose Dote i-1-POYOD!€ Total tor Hie year Total tor tact year A B N 13%l Aug 19 NYA NYA 13% 26% A 1 S B 10% (b) Dec 11 Dec 21 Dec 28 10% I0%(a) A Enterprises 10%l Nov 12 Nov 22 Dec 10
      869 words
  • Page 16 Advertisements
    • 164 16 ynSLqTSI A FINANCIAL TIMES W INTERNATIONAL J L J L CONFERENCE Aerospace in Asia and the Pacific Basin Date and Venue: 13 14 January, 1986 Shangri-La Hotel, Singapore Speakers taking part include: Professor Or Gunter O Eser International Air Transport Association Dr Cheong Choong Kong Singapore Airlines Limited Mr Peter
      164 words
    • 43 16 M •All G rl Korean Band THE FESTIVAL 7 00pm 2 00am Live Band Music JMon Stop Danang Charming Hostesses Gracious Serv ce I'qoop 2s°!° o r 3 Officc Nile-Club Lounge 1. Claymore Drive «02-11 Orchard Tower (Rea' BiocM Singapore 0923 Tel *****26
      43 words

  • THE PAN – EL CRISIS
    • 744 17  -  Robert Kuok and Khoo Kay Peng said to be involved By NAJEEB JARHOM AT LEAST TWO prominent Malaysian corporate figures are believed to be involved directly or indirectly in efforts to bail out beleaguered industrialist and politician Tan Koon Swan. They are said to
      744 words
    • 409 17 Bernama GRAND UNITED HOLDINGS Bhd (GUH) chairman Tan Koon Swan said yesterday GUH's commitment in financially-trou-bled Pan-Electric Industries Ltd is restricted to the extent of its investment in Sigma International Ltd in which it has a 43 per cent interest. Sigma, in
      Bernama  -  409 words
    • 358 17 Bernama. GRAND UNITED Holdings (GUH), the flagship company of businessman politician Tan Koon Swan, expects the current year to remain difficult for the group, making it necessary to cut corners and maximise efficiency and productivity. Mr Tan said in his latest annual statement
      Bernama.  -  358 words
    • 742 17 LAST FULL YEAR Company Period Dote Year Net EPS Gross Net announced ending (cents) div profit last year (S'000) Pahong Inv Fnal Jan 31 Dec 84 9.352L Minebea Interim Jul II Sep 85 125 190 3.070(d) Mulpho Intl Interim Aug 24 Dec 85 30 738L Worldwide HIdgs Interim
      742 words
    • 428 17  -  By LORETTA McLAUGHLAN THE STEERING Committee representing Pan-Electric Industries' creditor banks has been reassembled in an effort to work out a rescue plan for the troubled group. At meetings held yesterday at the offices of the Monetary Authority of Singapore
      428 words
    • 117 17 FRUSTRATED by the lack of consultation with Pan-Elec-tric's minority shareholders during the group's present crisis, a Pan-El shareholder, Madam Tay May Leng, has sounded a rallying cry among other like-minded shareholders. Madam Tay has invited shareholders of the company who are interested in discussing proceeding for
      117 words
  • Page 17 Advertisements
    • 87 17 OVERSEAS UNION BANK LIMITED 'incorporated Reput>i<c of Singapore) U5530,000,000 CAPPED NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE 1990 Holders of Certificates of Deposit of the above issue are hereby notified that for the first interest period from December 10, 1985 to March 10, 1986 the following information is relevant: 1.
      87 words
    • 55 17 Hertz costz up to 50% less. Below 1600 cc rruxieLs 1600 cc models: 2000 cc and abo\ Includes unlimited mileage, insurance, maintenance and other exclusive Hertz advantages. The business decision with ak* more mileage. on, A rant RJ 447 IW", Tiiwlin 7*4 Clunp Anport 545 8181 •V ln.«n Jn ..nJ
      55 words

  • 489 18  -  Study outlines plan for sustained economic growth By CHUANG PECK MING AN ENLARGEMENT of the workforce and an increase in productivity is necessary to keep the economy on the growth path, according to a group of union leaders and personnel managers in a study of manpower
    489 words
  • 146 18 UPI CHINESE LEADER Deng Xiaoping has pledged to support "for 100 years" the struggle to oust Vietnamese occupation troops from Cambodia. In a meeting with the three leaders of the anti-Vietnamese coalition government of Cambodia yesterday morning, Mr Deng said China would continue its assistance
    UPI  -  146 words
  • 103 18 Reuter THE FORMER chairman of Hongkong's collapsed Carrian property group, arrested on Saturday on new charges of bribery and conspiracy to defraud, was freed yesterday on bail. George Tan, 53, was released in spite of objections by prosecutors at a closed-door hearing. His bail
    Reuter  -  103 words
  • 504 18 AFTER A US$96 million shopping spree in the US, an executive team from the Toshiba Corporation is now headed for South-east Asia. The buyers will be here early next year to buy electronic components for the manufacture of home appliances. It is not known what
    504 words
  • 152 18 Bernama SULTAN Azlan Shah, who was installed as the 34th Sultan of Perak yesterday, has pledged to be considerate and to exercise his discretion wisely in ruling the state. He said, soon after his installation at Is tana Iskandariah in Kuala Kangsar, that he
    Bernama  -  152 words
  • 85 18 A 24-HOUR police hotline, which will make it easier for the public to call for information to help solve crime and other cases, will be introduced by the police early next year. Professor S Jayakumar, Minister for Home Affairs, said the hotline was being introduced
    85 words
  • 63 18 COMEX gold futures dropped sharply on active selling yesterday, spurred by fears that Opec's new policy to defend its share of the world oil market could trigger a price war. Spot gold lost US$4.5O at $317.80 an ounce. Silver futures lost more than 10.0 cents an
    63 words
  • 59 18 THE US stock market was mixed in early trading yesterday as blue chips moved up while the broader market lagged. The Dow Jones industrial average was up eight points to 1485, aided by takeover interest in Union Carbide. Declines led advances by a seven-six margin on a
    59 words
  • 160 18 AFP DECLINING IMPORTS are expected to push Taiwan's foreign trade surplus to a record US$lO billion this year. A Foreign Trade Board official said yesterday that Taiwan's foreign trade amounted to U5546.57 billion in the first 11 months of this year, a fall
    AFP  -  160 words
  • LATE FILE
    • 41 18 OPEC nations have agreed "to secure and defend for Opec a (air share of the world oil market consistent with the necessary income for member countries' development", a final communique issued by the Opecna said yesterday.
      41 words
    • 30 18 Reuter IRAQI troops are on the alert for an Iranian crossborder offensive which diplomats say is imminent in marshland on the south-cen-tral Gulf War front.
      Reuter  -  30 words
    • 58 18 Reuter A GROWING number of Chinese are trying to use fake European visas or Southeast Asian passports to travel abroad. The China Law newspaper said yesterday border guards had stopped travellers trying to slip out with forged Philippines, Singapore and Thai passports or fake visas
      Reuter  -  58 words
    • 43 18 AFP PHILIPPINE President Ferdinand Marcos yesterday said he would retire armed forces chief General Fabian Ver and more than 30 other generals who are serving beyond retirement age in line with a planned revamp of the military. AFP
      AFP  -  43 words
    • 53 18 UPI TWO DAYS after they established diplomatic relations, China has announced it will provide Nicaragua with in-terest-free loans to be used for "projects, equipment and materials" agreed upon by both governments. A twoparagraph report by the official Xinhua news agency said the loan agreement was signed
      UPI  -  53 words
  • Page 18 Advertisements
    • 122 18 Jakarta wants a modified dialogue, Page 5 ASIAN AER4>SMCE'B6 3rd EXHIBITION AND CONFERENCE SINGAPORE CHANGI AIRPORT. 15-18 JANUARY 1986. Glide along to Asia's largest air snow. This year's premier aviation event will focus on all major aspeefs of the aerospace and aircraft-related industry. A total of 600 exhibitors from all
      122 words
    • 125 18 Export Credit Insurance Corporation of Singapore Ltd. TO ALL COMPANIES IN SINGAPORE A new range of services is now available at the Export Credit Insurance Corporation of Singapore Ltd to enable local companies to obtain both insurance and financing. The Corporation, which to date has been engaged only in export
      125 words
    • 8 18 Mora Op*c »tori«» on pagM 1 and 4
      8 words
  • Page 18 Miscellaneous
    • 54 18 Outlook for today: Showers affecting o few areas in the morning. Report for 24 hours prior to 7 30pm on Dec 9 at the airport: Maximum temperature 30.6 Associated humidity 68 Minimum temperature 23.4 Associated humidity 96 Hours of sunshine 6.00 Rainfall in millimetres 3.00 Rainfall this month 98.4 Rainy
      54 words

  • SHIPPING TIMES
    • 91 19 THE PHILIPPINES Overseas Employment Administration (POEA) has come under fire from leaders of the crewing industry for failing to implement its new performance standards for manning agents. Under the body's guidelines, a manning company is required, among others, to deploy at least 100
      91 words
    • 412 19  -  By LINDA CHEE TENANTS of commercial buildings owned by the Port of Singapore Authority will enjoy reductions in rental ranging from 15 per cent to 30 per cent by January next year. The PSA has announced lower rates for four of its commercial buildings which,
      412 words
    • 158 19 A SEMINAR will be held in Bangkok in March to address the problem of transporting bulk cargo produced by countries of the Asia-Pacific region. The three-day seminar, Lloyd's Bulk Asia 86, is organised jointly by Lloyd's of London Press and Business Motivation
      158 words
    • 121 19 Fairplay JOHNSON Shipmanagement of Sweden, a recently formed subsidiary of Johnson Line, has been awarded a management contract by Borgestad A/S of Norway. The contract covers the management of a 33,000dwt chemical tanker which is due for delivery from Ankerlokken's Floro yard in Norway early
      Fairplay  -  121 words
    • PORTSIDES
      • 117 19 Fairplay A COMMITMENT from the Banque Pari has to arrange a HK$55O million (US$7l.4 million) loan facility for the construction of a six-storey container freight station, has been accepted by Asia Terminals Ltd. The station is to be built in Sea-Land Orient's Kwai Chung port terminal.
        Fairplay  -  117 words
      • 74 19 Reuter THE GENERAL COUNCIL of British Shipping has announced that its tramp trip charter index for November rose to 96 from 88 in October. The November index is the highest since May when it was 102 but it is below the 113 in November last year
        Reuter  -  74 words
      • 94 19 Reuter IRAQI PLANES damaged the 118,460-ton Cypriot tanker Polys in a rocket attack in the Gulf on Saturday night. A spokesman for the Greek Ministry of Merchant Marine said the ship was heading away from Iran's Kharg Island oil terminal when it was attacked
        Reuter  -  94 words
      • 98 19 JAPAN'S Transport Ministry said it issued shipbuilding permits in November for 20 ships totalling 353,000 gross tons, down from 23 of 640,710 in October and compared with 17 of 409,358 a year earlier. November permits included 15 ships totalling 271,510 tons for domestic owners, up from
        98 words
    • 1220 20 THE LONDON shipping freights market ended the week with a burst of activity, mainly centred in the time-charter sector. A number of coal and iron ore voyage fixtures emerged but grain voyages remained poorly represented. The general rate tone held approximately steady. In the Far East, timecharter operations
      1,220 words
    • 794 20 NYT MORE THAN a century ago, the Hudson River was a major shipping artery for coal transported in barges through the Delaware and Hudson Canal across the Shawangunk mountains from Pennsylvania and then downriver to New York City. Today, a newly organised company,
      NYT  -  794 words
    • 359 20 FT DATA FROM a radar-carrying Soviet remote-sensing satellite has enabled scientists to rescue seafarers trapped in ice-bound ships in polar regions. The information has come from Cosmos-1500, launched in September 1983. The vehicle is in an orbit which passes over the
      FT  -  359 words
    • 683 20 AB Shpg V 5 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 A PC Lme V 4 APL HI 2/3 ASCI 1 Bolt-Canada Lme VI 4/5 Batt-Oienf Line VI 4/5 Bank Lme V 5 BBS 1 4/5 Bayswater Shpg IV 2 Ben Lme Cont
      683 words
    • 231 20 THE VALUE and volume of lost and unclaimed cargoes, containers and equipment is incredibly high. One estimate puts the direct and indirect cost of lost cargoes at US$4.5 billion. A network of agents linked by computer has been set up to trace
      231 words
    • 157 20 HAN JIN CONTAINER LINES has announced its Far East-Atlantic coast service schedule, which begins on Feb 5 from Hongkong with the Hanjin New York. The rotation of ports start from Hongkong, Keelung, Busan, Kobe, Yokohama, Long Beach, Savannah, New York, Long Beach, Yokohama,
      157 words
    • 89 20 Reuter CHINA received foreign orders for the construction of ships totalling 1.2 million deadweight tons in the past five years. The official New China News Agency (NCNA) said most of the orders had been finished. They were placed by clients in the
      Reuter  -  89 words
    • 196 21 THE OIL SLICK from a holed Pan-amanian-registered tanker involved in a collision on Friday no longer poses a threat to South Africa's south-east coast, Port Elizabeth authorities said. The South African Minister of Environment Affairs, John Wiley, who flew over the
      196 words
    • 355 21 Call for cut in funds required for mandatory investments TARIFFS at the port of Piraeus are to be increased by an average 27 per cent for the coming year, although Greek export products and transhipment goods have received a more lenient treatment. The Piraeus Port Authority
      355 words
    • 307 21 THE JAPANESE shipbuilding community is pressing ahead with plans for research and design of a fast-speed vessel which can hit a velocity of 100 knots an hour. The ground-breaking superconductive linear motor propelled ship will be energised by superconductive magnets. The central
      307 words
    • 216 21 THE PHILIPPINES Maritime Industry Authority (Marina) has estimated that about US$239 million will be required for a fleet modernisation programme. This amount, based on 1964 newbuilding costs, will finance the purchase of 45 new vessels to replace the 204 ageing vessels which will
      216 words
    • 200 21 Reuter WORLD OIL TANKERS laid-up for lack of employment declined to 46.77 million long dwt (297 vessels) in October from 50.73 million (316) at the end of September, according to the General Council of British Shipping (GCBS). The end-October total represented 16 per cent of
      Reuter  -  200 words
    • 67 21 ARAB SHIPPING and shipbuilding industries offer significant opportunities for profitable investment. Professor Grammenous, from London's City University, says that in spite of some "nasty experiences" with invest- ments and the depressed nature of shipping, there remains good potential for funding Arab shipping. He was speaking at
      67 words
    • 96 21 Reuter SANTA FE Southern Pacific Corp said it and Burlington Northern Inc's Burlington Northern Railroad have signed an agreement to eliminate competitive problems arising from the proposed merger of the Atchison, Topeka and Santa Fe Railway Co and Southern Pacific Transportation Co rail operations.
      Reuter  -  96 words
    • 712 23 Dac 4-10 Marintec China '85, exhibition and conference, Shanghai, China (details: Lloyd's of London Press, 26-30 Artillery Lane, London El). Dac 9-13 Port Access '85, seminar on problems and improvements in port access and hydrographic surveying, Australian Maritime College, Tasmania. Dac 11 Marine evacuation systems, Honourable Company of
      712 words
    • 5697 26 §®aB5)IDlB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      5,697 words
    • 747 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival date/time Operator Godws for LCL cargo FCL movement schedule Location Ind Pioneer TW Bridge Ming Cheng Zim Sydney Maersk Mango Anson Pegasus P Oasis Altair Jenlink Ambrosia B Kemuning K Chance Ned Delft Piya Bhum CR Librevil
      747 words
    • 1652 27 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afea Line Atncon Shpg Agencies <S> Ahrenkiel Liner Kim Shpg (S> Alfred C Toepfer Oceonus Shipping A gencies (S) Multiport Sdn Bhd
      1,652 words
    • 339 28 CHARTERING held its strong rate structure albeit on a thinner turnover ahead of the imminent Opec meeting and against a background of falling crude prices. Open market fixings out of the Gulf states area were fewer than the previous week but rate levels continued to break new ground
      339 words
    • 847 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Equator 5 K23 Thong Soon alongside 10 12 85/0400 Gombela K20 Kie Gwon alongside 10 12.85/0700 Koto Angkasa K30 PH. alongside 10 12 85/0600 Thomoseverett K21 Everett alongside 10 12 85/1500 Vishvo Nayak K10 R Jumobhoy alongside
      847 words
  • Page 19 Advertisements
    • 978 19 Monthly from Pitman I Available at all good bookshops and newsagents Orient Oveiqeas Containvt, Line Agents: tMOK SHPTMC AGENCfS (R«. lb. 242tM/00K) 70 Slwnton Wa» #04-03 Marina Houv Singapore 0207 1(4 *****11 Tela NO RS ***** CfS OFFICE IPC #***** 1H *****31 2220J3J Terminal olfcce IPC #***** Id *****90/*****93/*****01 JWTM4
      978 words
    • 70 19 mm A NEW COMPANY plans to revive the Hudson River's cool trade by building a terminal there to ship coal. Page II TARIFFS ot the Greek port of Piraeus ore to be increased by an average 27 per cent for the coming year. Page 111 Index to advertisers II Shipping
      70 words
    • 1038 19 wrrmr. 1 OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE f£ KEEP YOUR APPLES FRESH TACOMA T0: SINGAPORE 19 DAYS PORT KELANG 22 DAYS FASTEST TRANSIT PENANG 23 DAYS P«nang Vmml EXPORT
      1,038 words

  • Page 20 Advertisements
    • 521 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Fndcf Vsl FAMRT ACE GLORT ACE MADIA ■MS ACE Pacific South We«t Feeder at Tokyo Mother VSi LA/LB OAK 2EELANMA 11/1 14/1 S KASHU M 11/1 71/1 P ARM)* 25/1 2>/l BEISHU M 1/2 4/2 Pacific North West Feeder at Kobe Motto VSI SEAT VCR
      521 words
    • 282 20 1' Supercarrier Service 5iU Hessel bmhr mans N ROCItSTU BAfflfß HECTOR N KOTTOSMM BARBFR TOM intfipi *d Saded 14/12 ?/12 24/12 4/1 2/1 14/1 30/1 1/2 l»/2 22/2 19/2 22/2 9/3 12/3 9/3 12/3 N(XI ARRIVAL S BARBF R TAMPA IS 1?. N ROUfN 7 1 BARBFR TfXAS M N
      282 words

  • Page 21 Advertisements
    • 1084 21 The Straits Steamship Group O STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSW SERVICES TO/FROM BANGKOK The swire china Navigation Co. Mansfield Container Shipping Pte Ltd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK /CONTINENT Also Accepting Cargo For: Hanbut Copenhafen Aarlw. Gothenburi Maßno. Stockhokn. Helsmki. Sonderbur{ Rotterdam
      1,084 words
    • 770 21 EXPRESS CHINA SERVICE GUANG-ZHOU CHINA MARITIME SERVICES "M.V. NAN KUN" ETA SINGAPORE 20TH DECEMBER 1985 LOADING FOR WHAMPOA AND SHANGHAI SPACE BOOKING PLEASE CONTACT:PROJECT SHIPPING PTE LTD 9-A CIRCULAR ROAD SINGAPORE 0104 TEL: *****91 Please also refer to our daily shipping advertisement on Page VI Column 4 Franco Belgian Services
      770 words

  • Page 22 Advertisements
    • 573 22 1 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carria(e to Scandinavia. Med. Carribean t S. America Inland haulage to inland destinations in Europe Spore PKetangPenang Leiioesßrlbao Genoa Hburg Rdam Bhaven A »erp 27/1 31 1? 2/2 101 12/1 14 1 li 2 10/2 14/2 1 1 30 1 1/ J n 2
      573 words
    • 307 22 M.S.LINE FULLY CONTAINERISED SERVICE 11 i i ii l 9 1 111 14 1 lb 1 1* 1 21 1 2i 1 1 FROM EUROPE VIA SUEZ M Mfmber of ,he ce Co so,,lu,n CHIN* CONIMWR 32E C R PARIS 21 HONGKONG CONIAINER 471 P KHin( S pace HKonj Kjoshwnt
      307 words
    • 665 22 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX R*****1 R*****2 |L kastk UN \K I.l\Kit. I.TI). Specialist in RO/RO Service Accepting heavy-lifts upto 80 It/Tons Sailings from Japan PRINCI MARU NO t *71 ASIAN CIIPPfR VS3 OSA GRAM* VI RtGENT KAPUAS VI SOUTHERN CROSS ttS PR INC
      665 words
    • 454 22 r EVERGREEN Full Container Service US WEST COAST SERVICE FEEDER VSL SGP MOTHER VSL LAI (MR GATHFR In Port (VER LOADMG 2 1 (MR GUDE 16 12 mR LIVMG 10/1 (MR GOVERN 26 17 EVER IMKMG 11/1 EVER GLORt EVER Glf TED EVER LAUREL EVER LYRIC EVER GRIND 25 1
      454 words
    • 378 22 MSI NOSE \!l MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES S«f jpore Loacknf for iAD 13/12 B. Abbas. B Khomeini KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKHanj Loidinc for OCEANIA QUEEN 16/12 Lae. Orobay, P. Moresby. Kieta, Rabaul. Honiara KYOWA COSMOS 16/1 P.
      378 words

  • Page 23 Advertisements
    • 425 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA TIMUR E-595 10-11/12 16-20/12 MOGADISCIO, D'SALAAM, MOMBASA, DURBAN KOTA RAJA E-599 22-23/12 28-31/12 ADEN, HODEIDAH, JEDOAH, AOABA KOTA WISATA E-601 14-15/12 20-24/12 ADEN, HODEIDAH, JEDDAH, AOABA, MOMBASA,
      425 words
    • 126 23 ■Ssgjissl EgjK'l»ruW'« CHINA NATIONAL FOREIGN TRADE TRANSPORTATION COW BfIJWG Europe Timber/Plywood Service K.Kinabalu Tg. Mani S pore PKelang Loading for HUANGPU CAREER In Port Saled 12/12 15/12 Nantes/Rot Ant/Br e Srjjpore Eastern Maritime Kota Kinabalu: Trartspac Lines Tanjoni Mani: Kiduron( Ajensi Penanf: Lean Bee Port Kelanf: Selatan Agency *****33. *****06.
      126 words
    • 2162 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 8«ni»on Hongkong (ipms Benildn Cit» of (dmbugh FiiflMwt fipresi Hamburg Eiprns Osaka Bar Kaluga Maru Benjion EXPRESS CONTAINER SERVICE FROM UK/CONT* BtnaMff S«kd City o( tdrtx»gh SaM Kitano Maru Safcd Hamtowg Eiptrtt 11/12 Osaka Bay 1»/12 Kaluga Maru 21/12 Bena«on 4/1 Hongkong Eipress
      2,162 words

  • Page 24 Advertisements
    • 1292 24 ECUADOR/PERU/CHILE [V IC LINE KAWASAKI KISEN KAISHA. LTD. MOIHtR VSI TBN VSI SPORE PMG PMG SPORf NAGOTA GUAYAQt* CAILAO ARICA K)WQ« Af ACASIA S ANIOMK) VAIPARAISO 19 Dec 20 Dec 22 Dec 24 Dec 12 lan 21 feb < >**' 5 Mai t Mai 7 Mai 9 Mj CENTRAL AMERICA/CARIBBEAN
      1,292 words
    • 617 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers PKeUng Penjnj loading toi CAIWM 23 Ok 22 Ok Bdnh tw*a CMcutti AURIGA 9 lan MjAjs B d«H Hjldu CitcultJ RAWMS 13 Un lb*n B tfnh HaWu CjlciitU INDIA SERVICE Accepting FCL Container* and Conventional Cargo Soigjpoft PfteUng Penang loading tor VtSHVA ANURAG
      617 words
    • 706 24 GOLDEN LINE GIMN GUAN SHIPPING (PTE) LID K*wi{ Tunf Proirmcid Bint BuMmg 60 Ctcl Sheet SMGAPOftE 0104 HI *****90 <10 LMFS) STRAITS/PERSIAN GULF SERVICE: GOIHN HAffN Colombo Hat* n> Bati<«n COIKN HA* I .i»mbo Dutrn Dolu IS 17 Dec 9/10 lai CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC
      706 words
    • 474 24 INTRASEA (PTE) LTD. 10 Anson Road «2 7 1 6 International Pla/a Singapore 0207 Tel *****1 1 1 0 L.nes) O BREAKBULK SERVICE TO EUROPE/UK WMNER *****1S Saied Saied ESBOGROTANT/ UK (AVON) FORT CARLETON BBSS) 20 S»4ed 11/12 ROT/ANT/UR (AVON)/ KLFAST SOUTHERN PACfIC *****2125/12 30/12 ROT/ANT/UR (AVON) Spare P KeianfLoMtof
      474 words

  • Page 25 Advertisements
    • 968 25 NOL NEPTUNE ORIENT LINES LTD Agents Spore KPTUNE AGENOES PTE LID Tel No olhce lermnal CfS BOOKINCS *****77 EE EU AUST TPA/SIA *****J7 *****2? *****53 00 DIRECT L*S *****53 *****42 I Bjhru HARPER MRA SOW BHD 73*100 P Keiang HARPER WRA SOW BHD *****1 31*741 Plata HARPER WRA SOW BHD
      968 words
    • 610 25 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN, INCHON 1 scnm •(JMIS ttPTU* *GtHC«S Plf I ID Irt 7/8997; *****J4 (Bookmjsi 777/510 *****77 (Opfratwosi 777?48 *****84 (tnrranjll *****50 *****04 <CfS) mi i*<ua turns TUNAS Sf TIA SDN BMC Kt If! *****0 *****4 PK
      610 words
    • 818 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELAA6 PENANG M/S SHAJWAT ft AH SOON SON. BHD IST ANO 2ND FLOOR. MESSRS HAJ THONG SHTPMG 127
      818 words
    • 120 25 f K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. SomcrMt Ro*d #06-01, Ng T»ow Yh®« Bldg S'por* 0923 Tml: 235 8444 (4 Mnws) Port KHanf Tija Pma Shippmi Sdn Bhd Tel 03 3890?4 S Penang Malarsia Trade I Transport Lid Tel 04 *****3 Pas* Gudanj Malaysian Sh«pp«nj
      120 words

  • Page 26 Advertisements
    • 632 26 ItcfliMial Cnnt.-liner Lines >13 COMPAGNIE MALAGACHE DE NAVIGATION (Madagascar National Shipping Line) HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER \PKIAIISfD HIAVY IIfHRS AVAIIABII KASHMA MARU SHUN-EI MARU S'pore 22/23 Dec 27/28 Dec Loadinc for: Doha Salalah DSR-LIIMES VEB DEUTFRACHT/SEEREEDEREI ROSTOCIC FORTNIGHTLY FULL CONTAINER SERVICE 10 EUROPE S PORE AN
      632 words
    • 113 26 SP QJ SI FARGO SHIPPING COMPANY (PTE) L TD EXPRESS CONTAINER SERVICE SINGAPORE/BANGKOK 4 SAIL INGb WL [Kl Y Voy PIT* BHUM UN Sffil BHUM 249N SEA GtOPY (548 PIYA BHUM ISM Spore Bkk U/U Dec 13/15 Dec 13/14 Dec 17/18 Dec 15/15 Dec 18/19 Dec 11/18 Dec 20/22 Dec
      113 words
  • Page 26 Miscellaneous
    • 180 26 ve Regional Weather m N m 'a va y. 4 t H e !1! V 4 A i 2r S3 1 > < < oai7 Vox SB? hi SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA cT w Wind direction with speed in knots Wove height
      180 words

  • Page 27 Advertisements
    • 115 27 H MSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG BAHARU *****88/*****56/*****48/*****93 *****1/4 TERMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE iikJiTfTi httm rrry EITM iinr. M HHICTI IHIWm H^MgfTinTTTTTTOrTTTTITTTTMUMiiiiI^BiiB^mTMB n 'ii/.M n w w tn— m* TT M mh rw hih BranFmrriTMniniTTTTWFif rawr^Mßin iMiTiißgMnwiMiMniMigwrTriiaiM ujn ACCFPTMG FORAHTMRf
      115 words
    • 26 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUH ROTTERDAM HAMBURG A,.rt SEAL lON SHIPPING <S) PTE LTD Smrjpore SAIES BOOKINGS TEI ??0%81 (8 lines!
      26 words
    • 204 27 VESSEL STOKE CWTTA6ONG CALCUTTA M V ARMAGNAC VI2LSS M/V CGM VAR VILS6 M/V CGM VELAY V2LS6 FEEDER VESSEL VESSEL P KEi_ANG 6 Pern* 434° Komfw 444 kittandu 454 N M/4Mi War 474* N Depm 404 B Swu 494 Sriandu 504 To»ama'sl4 N Hwtman/524 4,12 13/12 20/12 27/12 3/1 11/1 17/1
      204 words

  • Page 28 Advertisements
    • 347 28 'iS9; v- /y osx K/jjy IW Mitsui O.S.K. Lines. Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S r—HOf\ sm'siL 0* r v > 1 EAST AFRICA ALTAI MARU 22 Dec Mombasa. Daressalaam ASTRA PEAK 23 Dec Port Louis. Reunion SEA ARCHITECH 1 Jan Mombasa. Daressalaam WEST AFRICA EARNEST VENTURE 19 Dec P Noire. Abidian. Apapa
      347 words